Preliminary data from the National Bank of Ukraine show the country’s international reserves rose by USD 357.8 million in January 2026 to USD 57,660.3 million as of 1 February 2026, a new all-time high. The increase was driven mainly by external financing, which largely offset the NBU’s net foreign exchange sales and Ukraine’s foreign-currency debt repayments, with reserves covering six months of future imports. USD 3,124.0 million was credited to the government’s foreign-currency accounts with the NBU through World Bank accounts. Foreign-currency public debt servicing and repayments totalled USD 310.7 million, including USD 233.9 million for Eurobond servicing and redemption and USD 76.8 million to other creditors, while a further USD 171.6 million was repaid to the International Monetary Fund. On the domestic foreign exchange market, net FX sales fell 20.7% month on month, with the NBU selling USD 3,729.5 million; valuation effects added USD 1,445.7 million to reserves during the month. The NBU said it compiles and releases international reserves and FX liquidity data monthly, publishing preliminary figures no later than the seventh day after month-end and revised data no later than the twenty-first day.
National Bank of Ukraine 2026-02-06
National Bank of Ukraine reports international reserves rose to record USD 57.66 billion at 1 February 2026
Preliminary data from the National Bank of Ukraine indicate that international reserves reached a record USD 57,660.3 million as of 1 February 2026, driven by external financing despite net foreign exchange sales and debt repayments. Reserves now cover six months of future imports, with significant contributions from World Bank accounts and valuation effects.